(MEC) complete technical analysis [charts+indicators] | Buy/Sell | (MEC) share price targets
Complete technical analysis of (MEC) by charts plus indicators, forecast predictions and share price targets for (MEC)
Showing technical analysis as on 2024-08-29 View latest technical analysis
10 day averaged volume of is 111752
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 19.41 | 19.53 | 19.71 | 19.08 | 1.174 times |
| 28 Wed Aug 2024 | 19.26 | 19.28 | 19.46 | 18.91 | 0.689 times |
| 27 Tue Aug 2024 | 19.42 | 19.55 | 19.67 | 19.34 | 0.815 times |
| 26 Mon Aug 2024 | 19.80 | 19.38 | 19.94 | 19.38 | 1.042 times |
| 23 Fri Aug 2024 | 19.42 | 18.95 | 19.58 | 18.88 | 1.237 times |
| 22 Thu Aug 2024 | 18.96 | 19.18 | 19.20 | 18.76 | 0.647 times |
| 21 Wed Aug 2024 | 19.15 | 19.41 | 19.41 | 18.98 | 1.041 times |
| 20 Tue Aug 2024 | 19.15 | 19.42 | 19.42 | 18.78 | 1.038 times |
| 19 Mon Aug 2024 | 19.36 | 19.50 | 19.63 | 19.08 | 0.936 times |
| 16 Fri Aug 2024 | 19.52 | 19.28 | 19.74 | 19.03 | 1.497 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 19.7 as stoploss in an intra day sell trade for a target of 18.83. However, stock will show a bullish move above 19.7.
Share price targets for (MEC)
| Target Type | Value |
| Downside Target | 13.15 |
| Downside Target | 14.50 |
| Downside Target | 15.41 |
| Downside Target | 15.90 |
| Downside Target | 16.54 |
| Downside Target | 17.00 |
| Downside Target | 17.55 |
| Downside Target | 18.26 |
| Downside Target | 18.76 |
| Upside Target | 19.42 |
| Upside Target | 19.50 |
| Upside Target | 19.63 |
| Upside Target | 19.74 |
| Upside Target | 19.94 |
Intraday share price targets for (MEC)
| Target Type | Value |
| Downside Intraday Target | 18.9 |
| Downside Intraday Target | 18.39 |
| Upside Intraday Target | 19.93 |
| Upside Intraday Target | 20.45 |
| Upside Intraday Target | 19.42 |
Weekly technical analysis of (MEC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 19.41 | 19.38 | 19.94 | 18.91 | 0.759 times |
| 23 Fri Aug 2024 | 19.42 | 19.50 | 19.63 | 18.76 | 0.885 times |
| 16 Fri Aug 2024 | 19.52 | 18.85 | 19.74 | 18.26 | 1.074 times |
| 09 Fri Aug 2024 | 18.86 | 16.57 | 19.42 | 15.90 | 0.865 times |
| 02 Fri Aug 2024 | 17.56 | 19.40 | 19.46 | 17.55 | 0.946 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of (MEC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 19.41 | 19.14 | 19.94 | 15.90 | 0.859 times |
| 31 Wed Jul 2024 | 19.11 | 16.64 | 19.50 | 15.98 | 1.123 times |
| 28 Fri Jun 2024 | 16.66 | 16.10 | 17.00 | 15.41 | 1.088 times |
| 31 Fri May 2024 | 16.02 | 13.91 | 16.54 | 13.30 | 1.462 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of (MEC)
Price action analysis of ( (MEC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of ( (MEC) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of ( (MEC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of ( (MEC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for in short term but the sell signal is initial and weak.
Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 19.37 and (MEC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the (MEC) stock. Volume based technical analysis of (MEC) stock is negative.
Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of ( (MEC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of ( (MEC) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of ( (MEC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of ( (MEC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for in short term but the sell signal is initial and weak.
Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 19.37 and (MEC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the (MEC) stock. Volume based technical analysis of (MEC) stock is negative.
Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.